International News

Ebola ‘Calamity’ needs international military efforts to fight, say Mining Companies in West and North Africa

As the dreaded Ebola virus continues to wreck havoc in West and North Africa-with the number reaching escalating levels of over 2,000 of those infected and lives claimed, some senior mining executives now seek international military support to fight it. According to World Health Organisation, the Ebola virus which has …

Read More »

African countries should ensure fair return from resource riches

Western Australian Premier Colin Barnett has urged African leaders not to be intimidated by global mining companies, but to ensure that their citizens received a fair return for their resource exploitation. Speaking at the first day of Paydirt’s Africa Downunder conference, in Perth, Barnett told delegates that while capital required a safe …

Read More »

Tanzania’s Stamigold eyes first gold production

Tanzania’s reputation as one of Africa’s best gold producers has been sustained with reports indicating that Stamigold, a subsidiary of the State Mining Corporation (STAMICO), will celebrate its first gold production in 2014 by importing new heavy duty machinery, African Mining Brief reports. The online mining, energy and power publication …

Read More »

South African Concargo makes “headways” into Africa

Mining and Construction Economic globalisation has resulted in an increasingly high demand for mined resources such as copper, coal and other precious metals. With the increase in mining, pressure from the public over ecological issues and meeting environmental codes has become a priority. Radical changes have been made in the …

Read More »

Port of Lobito in Angola, to start handling mining exports from DR Congo and Zambia

The port of Lobito will start to receive mining ore from Katanga, DR Congo and Zambia for export, carried through the Benguela railway, the Chief Executive officer, Mr. Anapaz Neto of the company that manages the Commercial Port of Lobito said last Wednesday. Anapaz Neto also told Angolan news agency …

Read More »

FIRESTONE STARTS BOTSWANA ASSETS DISPOSAL PROCESS

Firestone Diamonds, Botswana’s leading diamond development company has started the disposal process for its Botswana assets. The assets, which will be sold through a competitive disposal process to be managed by South Africa-based corporate finance adviser Questco, include the BK11 mine which had been placed on care and maintenance in …

Read More »

Infrastructure plan finalised for Congo project

AVIMA, the Solid Resource Core Mining’s project in Democratic republic of Congo plans to produce 35-million tons of high grade shipping ore a year over the 25-year life-of-mine, the Mining Supplier Guide S.A reports. Despite the logistics challenges of iron-ore developer Core Mining’s Avima project, a two-phased infrastructure plan has …

Read More »

Ivanhoe mine starts Kamoa construction

Ivanhoe Mines, the Africa-focused project developer is constructing the box cut for the initial portal to planned decline ramps that will provide underground access to the proposed Kamoa copper mine, in the Democratic Republic of Congo’s Katanga province. The TSX-listed firm on Thursday reported that the construction contract was awarded …

Read More »

GÉCAMINES: WHAT GAME IS ALBERT YUMA MULIMBI PLAYING?

Albert Yuma Mulimbi can be described as the strong man of Gécamines. This untouchable and immovable man has just launched a new introduction into society with the support of other members of the board although it is rumoured the reality is that they had no choice but to endorse the …

Read More »

Malawi misses out on US$4 bln SADC power interconnector?

While four of Southern African Development Community enjoy the power sharing facility to prop up industrial and domestic growth, including meeting demand from mining sectors, Malawi, one of the neighbors affected by power deficit, has been left out. Zimbabwe, Zambia, Botswana and Namibia, four of the 15-member states in the …

Read More »